Common use of Other Debts Clause in Contracts

Other Debts. Borrower shall not have or incur, directly or indirectly through any of its subsidiaries, any direct or contingent debts or lease obligations, or become liable for the debts of others without Lender's written consent. This requirement does not apply to or prohibit:

Appears in 2 contracts

Samples: Loan Agreement (Comc Inc), Loan Agreement (Comc Inc)

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Other Debts. Except for Permitted liens, Borrower shall not ----------- have outstanding or incur, directly or indirectly through any of its subsidiaries, incur any direct or contingent debts Indebtedness (other than those to Lender) or lease obligations, obligations or to become liable for the debts Indebtedness of others without Lender's written consent. This requirement does not apply prohibit (subject to or prohibit:other restrictions herein):

Appears in 1 contract

Samples: Loan and Security Agreement (Environmental Group International LTD)

Other Debts. The Borrower shall not have outstanding or incur, directly or indirectly through any of its subsidiaries, incur any direct or contingent debts liabilities or lease obligationsobligations (other than those under the Loan Documents), or become liable for the debts liabilities of others others, without Lenderthe Bank's written consent. This requirement does not apply to or prohibit:

Appears in 1 contract

Samples: Estate of Dewey K Sanderson Jr

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Other Debts. Borrower The Borrowers shall not have outstanding or incur, directly or indirectly through any of its subsidiaries, incur any direct or contingent debts or lease obligationsDebt (other than those to Lender), or become liable for the debts liabilities of others others, without Lender's ’s prior written consent. This requirement does not apply to or prohibit:

Appears in 1 contract

Samples: Loan Agreement (Greystone Logistics, Inc.)

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